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Certificates of Deposit

Certificates of Deposit (CDs) are a great way to save! They earn higher rates on short to medium-term deposits.

The details:

  • Minimum Balance: $1,000
  • Terms: 3 Months to Five Years
  • Automatically Renewable
  • Dividends are paid on a quarterly basis and are calculated by the average daily balance method.
  • Penalties are charged for early withdrawal.

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